Gym Gloves Market Intense Competition but High Growth & Extreme Valuation

A sedentary modern-day lifestyle has given rise to many health issues such as diabetes, hypertension, and obesity that have become imperative for the global community to urgently tackle. People have become well-aware of this and have begun exercising at the gym in earnest. However, not all of them wear gym gloves because they are sometimes thought to be an additional unnecessary expense. A number of customers may not even be aware of how essential gym gloves are at preventing hand, wrist, and palm injuries, further restraining the growth of the gym gloves market. Innovations in newer comfortable and long-lasting materials may be the best hope at raising the stature of the gym gloves market.

The gym gloves market is anticipated to grow with a sluggish CAGR of 2.9% and be worth just under US$ 1.2 billion by the end of 2022.

Velcro is the most popular material type and it accounts for a market share of approx. a third of the gym gloves market in 2017. The Velcro market is likely to be grow to more than US$ 400 million by the end of the forecast period, making it imperative for key stakeholders in the gym gloves market to manufacture Velcro gym gloves. The neoprene segment closely follows Velcro and it represents a revenue share of a little over a quarter of the gym gloves market. Even though North America and Europe are the largest regional contributors to the neoprene gym gloves market, companies may wish to target Japan as it has the highest CAGR over the course of the forecast period

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Leather gloves have a revenue share of slightly under a quarter of the gym gloves market and they are predicted to remain steady at this position. The main restraint for the growth of the leather segment of the gym gloves market is the comparatively higher price of leather vis-à-vis other material types. North America is the only region that is estimated to push past a value of US$ 100 million by end 2022, making it well-worth the while of all companies in the gym gloves market

The third party online channel is currently a niche segment of the gym gloves market in terms of distribution channels. However, it is highly likely that this segment will become extremely important in the days ahead as improving Internet connectivity will allow customers in both developed and emerging markets to purchase gym gloves as and when they choose. The APEJ region can be a potential goldmine for third part online channel distribution in the gym gloves market as millions of people are coming online in this region for the first time via their mobile devices

The modern trade channel segment comprises a quarter of the revenue share by distribution channel in the gym gloves market and is projected to grow to more than US$ 285 million by end 2022. North America alone consists of approx. 2/5^th revenue share of the modern trade channels market and companies are advised to take this into consideration while devising their distribution strategies

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Kids Bicycle Market Growth Factors, Demand, Future Prospects and Top Key Players

A new report by Fact.MR estimated the global kids bicycle market to exhibit a moderate expansion during the forecast period 2017 to 2022. Revenues from sales of kids’ bicycles across the globe will account for nearly US$ 18,000 Mn revenues by 2022-end.

Navigating the kids bicycle market has always remained a challenging task. Parents across the globe focus on rendering their kids with a great introduction of cycling world, especially while providing the kids with their first bicycle. For kids who face problems while racing bicycles, parents get concerned about selecting bikes, and demand for safety, and comfort, along with the bike being competitive and cost-effective. Cycling provides a number of health benefits, which is another factor driving adoption. A slew of brands pertaining to kids bicycles have been introduced to the market, which include Pinnacle, Frog, and Islabikes, with improved performance, and appearances. This is further attracting interest of children, thereby driving sales of kids’ bicycles. Kids are more likely observed to own a bicycle, compared to any other age group. These factors are expected to impact expansion of the global kids bicycle market.

However, a gradual decline has been witnessed in the number of children having access, or owning a bicycle over the past couple of years. In addition, parents are cautious about letting their kids to cycle on busy roads, and are anxious in selecting and maintaining the bicycle. This factor is expected to deter the adoption and practice of cycling. It is essential to nurture an intrinsic enthusiasm in children about “cycling is fun”, and encourage them a bit for cycling. For same reasons, the bicycle industry as well as the government have been taking responsibilities to improve and promote the ever-lasting trend of cycling in kids. One of the latest trend observed in the global market for kids’ bicycle is that parents are persuading their children that a bicycle is an enjoyable and accessible way of family mobility.

6 Key Future Prospects of Global Kids Bicycle Market

Based on pricing, mid-range kids bicycles are expected to remain sought-after in the market, and will account for over half share of the market in terms of revenues. Mid-range bicycle sales will exhibit the fastest expansion through 2022 in the market, followed by the premium range kids’ bicycles.

Sales of kids’ bicycles of age group 9-12 years are expected to reflect an impressive expansion, and hold approximately one-third market revenue share throughout the forecast period. This age group segment is estimated to retain its dominance in the global kids bicycle market.

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Kids bicycle sales in the direct to customer brand outlet will exhibit the fastest expansion through 2022. Independent out will remain the largest distribution channel in the global kids bicycle market, with sales projected to account for roughly US$ 5,000 Mn revenues by 2022-end.

Based on product type, 20-24 inch kids’ bicycles will continue to be sought-after among consumers. 18-20 inch kids’ bicycles will remain the second most lucrative product in the market. Revenues from the aforementioned product segments are projected to collective account for over half market share throughout the forecast period.        

Asia-Pacific excluding Japan (APEJ) is expected to retain its dominance in the global kids bicycle market, followed by Europe and North America.

Key players profiled in Fact.MR’s report include Tube Investments of India Limited, Trek Bicycle Corporation, Tianjin Fuji-Ta Bicycle Co. Ltd., Tandem Group plc, Samchuly Bicycle Co., Ltd., Merida Industry Co. Ltd., Hero Cycles Ltd., Haro Bicycle Corporation, Firefox Bikes Private Limited, Dorel Industries Inc., Atlas Cycles (Haryana) Limited, and Accell Group N.V.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Rock Sport Protection Products Market Growth Factors, Demand, Future Prospects and Top Key Players

Due to increasing health awareness amongst the consumers and due to the changes in the urban lifestyle, adventure sports and tourism are gaining prominence all across the world. In order to cater to the needs of such growing consumers who opt for adventure sports like rock climbing and hiking, the market for rock sport protection products is witnessing a steady growth. Such type of rock sport protection products are used to protect the sportspersons from accidents as there is an element of risk involved in such kind of sporting activities, and these protection products offer protection against sudden external impacts or falls. Such type of protection devices have been made compulsory by some sporting authorities and thus boosting the market for such type of protective equipment. However, the sale of inferior or counterfeit products are playing spoilsport in this market and are restricting the growth of rock sport protection products market.  

The global rock sport protection products market is slated to touch a value of nearly US$ 115 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

4 Forecast Highlights on Global Rock Sport Protection Products Market

As per the forecast of Fact.MR, the climbing shoes product type segment is slated to touch a value of nearly US$ 35 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The climbing shoes product type segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to hold the same market share by the year 2022 end.

As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 18 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.  

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As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 83 Mn in 2022. The individual buyer type segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.  

Fact.MR forecasts the China rock sport protection products market to grow from nearly US$ 11 Mn in 2017 to nearly US$ 13 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.2% from 2017 to 2022.

The report has also profiled leading players in the global market for rock sport protection products, which will remain active through 2022. These include companies such as Decathlon S.A., Dick's Sporting Goods, Inc., Bauerfeind AG, Shock Doctor Inc., Mueller Sports Medicine, Inc., Vista Outdoor Inc., McDavid Inc, Amer Sports Corporation, Under Armour, Inc., and NIKE, Inc

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Rugby Protective Gears Market Worldwide Industry Growth, Future Opportunities and Top Manufacturers

Popularity of rugby union has surge to a significant extent over the past couple of years, owing to the various initiatives that being taken by people associated with the sport. This has led to an increase in demand for rugby protective gears. Players of the modern rugby union sport maintain regimens that helps improve their physical abilities and skills, which, in turn, has made the sport more dynamic and competitive. Rugby was also included in the 2016 Olympics, which clearly indicates its growing popularity. Factors as such are expected to boost the future prospects of the global rugby protective gears market. According to the latest report published by Fact.MR, the global market for rugby protective gears will reach a valuation in excess of the US$ 700 Mn by the end of 2022, representing a moderate CAGR over the projection period (2017-2022).  World Rugby, the international organization that is responsible for managing the sport of rugby union has launched a number of international rugby championships and leagues, which is anticipated to play a key role in boosting the demand for rugby protective gears across the globe. In addition, manufacturers are actively focusing on improving the quality and efficiency of product is order to increase their market presence. 

Demand for headgear will continue to gain tractions during the forecast period. Currently, sales of headgear used in used in rugby union account for over one-third market share in terms of revenue.

Towards the end of 2022, more than US$ 290 Mn worth headgears are projected to be sold globally. High risk of head injuries while playing rugby is major factor propelling the sales of headgears.

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Latin America is expected to remain highly lucrative for rugby protective gears during the projection period. Between 2017 and 2022, the market Latin America is set to exhibit a moderate CAGR. Rugby is becoming increasingly popular is various parts of Latin America, which is expected to reflect favourably on the growth of the market in the region. The region is expected to account for significant market share in terms of revenue. Meanwhile, the market for rugby protective gears is also growing in the North America. By 2022-end, the region’s market is expected to surpass a valuation of US$ 140 Mn.

On the basis of sales channel, the modern trade segment is expected remain highly attractive in 2017 and beyond. In terms for revenue, the segment currently command for around 25% share of the global market. Towards the end of the assessment period, the modern trade segment is estimated to reach a valuation in excess of US$ 170 Mn.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Women’s Bicycle Market Future Prospects and Business Development Strategies

Increasing association of cycling activities with healthy lifestyles continues to promote the use of bicycles among consumers, particularly women. Hectic workloads, sedentary jobs and lack of outdoor exposure urge women to hop on their bicycles, and take a ride across the neighborhood, or even the countryside. Baskets attached at the front of women’s bicycles add that chic quotient which we miss in regular bicycles. Apart from being convenient than walking or jogging, women’s bicycles are also gaining traction improving the body metabolism. Increasing entry of women in global sports industry is also propelling the demand for women’s bicycles as a key tool for general regulation of health among female athletes.

A recent report published by Fact.MR reveals that women’s bicycles have been in vogue for years. But, in the years to come, the global demand for women’s bicycles is expected to tread at a sluggish pace. Availability of other convenient options for commuting short distances, coupled with higher preference of women to exercise bike or gym bike for maintaining health, is lowering the need for this outdoorsy vehicle.

According to Fact.MR, the global market for women’s bicycles will propel at a moderate pace, bringing in revenues just over US$ 12.5 Bn by the end of 2022. Following insights will offer a comprehensive outlook on the future of global women’s bicycle market for the forecast period, 2017-2022.

Key Insights on Global Women’s Bicycle Market

Considering the availability of resource, strict laws curbing the use of emission vehicles for short-distance commute, and increasing proliferation of healthy lifestyle, the Asia-Pacific excluding Japan (APEJ) region is estimated to remain the largest market for women’s bicycles through 2022.

Hybrid bicycles are expected to be the top-selling product in global women’s bicycle market. In 2017, more than 40% of women’s bicycles sold in the world will be hybrid. Demand for road bikes will also be steady, however, sport bicycles are expected to lose traction in the view of rising proclivity to stationary exercise bikes.

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Towards the end of 2022, the demand for electric bicycles will gain momentum across the global women’s bicycle market. Currently, more than 80% of global women’s bicycle market is dominated by sales of conventional bicycles.

A majority of women will prefer buying mid-priced bicycles, particularly to manage recurrent repair costs caused by infrequent use.

Europe’s women’s bicycle market will reach US$ 2.6 Bn value by the end of 2022, becoming a lucrative region, followed by North America. Demand for women’s bicycle in these regions is slated to grow on the backdrop of increasing adoption of cycling for maintaining healthy lifestyles.

The report also projects that global sales of women’s bicycle through independent outlets will procure nearly US$ 3.5 Bn revenues by the end of 2022. Direct-to-customer brand stores will also be viewed as lucrative distribution outlets for women’s bicycle across the globe.

The report has also profiled leading manufacturers of women’s bicycles in the global market, which include Samchuly Bicycle Co., Ltd., Merida Industry Co. Ltd., Dorel Industries Inc., Tube Investments of India Limited, Giant Manufacturing Co., Ltd., Atlas Cycles (Haryana) Limited, Tandem Group plc, Trek Bicycle Corporation, and Accell Group 

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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